As it stands, Canada is both a top 10 emitter of greenhouse gases and emits more than double the global average per person, according to the World Resources Institute.
Bernstein stresses the need for a carbon budget, as well as reduction targets. A carbon budget refers to the total future emissions that can be emitted in a given region while still limiting global warming to a target, such as 1.5 C.
A plan reliant on costly, inefficient, unviable, unproven, or non-existent technologies like carbon capture, carbon removal, and SMRs.
Canada’s political elites, the oil industry, the Big Banks, and Corporate Canada are all banking on business-as-usual emissions scenarios where the world is still burning 100+ million barrels per day decades hence.
Set aspirational net-zero targets decades out into the future with no roadmap to meet them.
“As early as 2013, Trudeau was telling the Calgary Petroleum Club that he differed with Harper not so much about the necessity of exporting huge amounts of tarsands internationally, but because he didn’t think Harper’s approach — which stoked divisions and an incredible amount of resistance that turned Canada into a climate pariah — was the most effective marketing approach.